CashFlowRE
Sign in Sign up
17719 W Illini St
F Composite 25.29
Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +7.5/15.0
  • Cash flow +5.2/30.0
  • Livability +3.8/5.0
  • Schools +2.8/10.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • 1% rule +1.2/10.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$469,990

17719 W Illini St · Goodyear, AZ 85338
5 bd · 3.0 ba · 2,530 sqft · Land · 150 Days on market
Built 2025 6,325 sqft lot $120/mo HOA · 4% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

Key facts

  • Quartz countertops
  • White cabinets
  • Walk-in closet

Tags

WALK-IN CLOSET3-CAR GARAGEWHITE CABINETSQUARTZ COUNTERTOPSWOOD-LOOK TILE FLOORINGBEIGE CARPET

Property features AI

Finance

  • Other: Lot approximately 6,325 (assessor source)
  • HOA & community: Homeowners association with monthly fee of $120 covering grounds maintenance; Association rules prohibit visible trucks, trailers, RVs, and boats; Community amenities include playground and biking/walking paths

Exterior

  • Parking: 3-car garage with tandem configuration and direct access; Garage door opener; 2 open parking spaces; 3 covered parking spaces
  • Utilities: City water; Public sewer
  • Home design: Single-family residence; Fee simple ownership; Complete spec home (new construction)
  • Construction: Stucco and wood-frame construction; Spray foam insulation; Low-VOC paint; Ducts professionally air-sealed; Tile/concrete roof; Home warranty included; Building information provided by builder
  • Exterior features: Front sprinklers with auto timer; Desert front landscaping; Dirt backyard; Gravel/stone front; Block fencing

Interior

  • Kitchen: Built-in microwave; Walk-in pantry; Kitchen island; Refrigerator; Dishwasher; Garbage disposal
  • Bedrooms: Up to 5 bedrooms (possible)
  • Flooring: Carpet; Tile
  • Bathrooms: 3 full bathrooms
  • Heating & cooling: Energy Star qualified heating (electric); Has heating; Has cooling; Energy Star qualified cooling equipment; Programmable thermostat
  • Interior features: High-speed internet; Smart home features; Double vanity in bathroom(s); Eat-in kitchen; Breakfast bar; 9+ foot flat ceilings; No interior steps; Kitchen island; Primary suite with full bath; Separate shower and tub; Low-emissivity dual-pane vinyl windows (ENERGY STAR qualified); Fresh air mechanical ventilation; ENERGY STAR light fixtures; Multi-zone HVAC; Low-flow plumbing fixtures; Tankless hot water heater
  • Laundry & utility: Laundry room inside; Gas dryer hookup; Energy Star-rated laundry provisions

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 5-bed/3.0-bath land listed at $470k.

Deal economics

  • At list price, monthly cash flow is $-1k ($-13k/yr) — negative.
  • To cash-flow at today's rent, offer at most $315k (32.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $291k (38.1% below list).
  • Recommended offer: $291k (38.1% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 76/100 on livability (#15 in AZ, #3,737 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime B+; Watch: health & safety D+, cost of living D, amenities F.
  • Agua Fria Union High School District (4289) (suburban): math 24% / reading 37% proficiency, ranked #99 of 249 in AZ (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Desert Edge High School (math 23% / reading 34%, grade F, #133 of 381 statewide, top 35%, 1,991 students, 51% FRL).
  • Market conditions: Rents soft (-0.7%/yr); 1088 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($102k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $14k of value loss. Plan a longer hold.
  • Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 150 days — a 12% lower offer ($414k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $67k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $290,908 (38.1% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 150 days. Have you received any prior offers? Is the seller open to a 38% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.62%
Cap rate
3.56%
Cash-on-cash
-9.76%
DSCR
0.57
GRM
13.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-37.2%
Equity multiple
-0.16×
Total profit
$-152,704
Equity at exit
$70,077
10-year hold
IRR
-77.8%
Equity multiple
-0.92×
Total profit
$-253,179
Equity at exit
$40,636

Cash invested: $131,597 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Arizona
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
5-day pay-or-quit; AZ courts known for speed; no state rent control; cities preempted by state law.

ZIP-level market 85338

Home prices YoY
-23.9%
Rents YoY
-0.7%
Active inventory
1088
Price-to-rent
13.5×

Monthly cashflow live

Estimated rent
$2,909 high interval (Pro) →
Mortgage (P&I)
$2,465
Tax est. 1.5%
$587 /mo · $7,050/yr
Insurance
$196
HOA
$120
Vacancy / Maint / Mgmt
$611
Net cashflow
$-1,070

Break-even live

Break-even rent $4,263
Max offer price $315,185
Occupancy floor

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$117,498
Closing costs
$14,100
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 9 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3422 S 176th Dr Goodyear, AZ 4.0 3.0 2647 $3,350 $1.27 1d 1 0.33mi
17954 W Raymond St Goodyear, AZ 5.0 3.0 3466 $2,950 $0.85 1d 1 0.34mi
3150 S 180th Ln Goodyear, AZ 4.0 3.0 2083 $2,300 $1.10 43d 1 0.67mi
18233 W Pueblo Ave Goodyear, AZ 4.0 3.0 2100 $2,300 $1.10 1d 1 0.73mi
4119 S 186th Ave Goodyear, AZ 4.0 3.0 2977 $2,350 $0.79 43d 1 1.06mi
18649 W Williams St Goodyear, AZ 4.0 2.5 2822 $2,695 $0.95 2d 1 1.32mi
18649 W Williams St Goodyear, AZ 4.0 2.5 2822 $2,695 $0.95 4d 1 1.32mi
2506 S 186th Dr Goodyear, AZ 4.0 3.0 3100 $30,000 $9.68 1d 1 1.46mi
1613 S 174th Ln Goodyear, AZ 5.0 3.0 2999 $2,999 $1.00 1d 1 1.47mi

HOA detail

Monthly dues
$120 · $1,440/yr

Listing history 27 events

  1. 2026-06-02
    status $469,990 Pending 150 DOM
  2. 2026-06-01
    days on market $469,990 Active 150 DOM
  3. 2026-05-31
    days on market $469,990 Active 149 DOM
  4. 2026-04-23
    price $469,990 206-char remark
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  5. 2026-04-23
    price $469,990
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  6. 2026-04-10
    price $479,990 206-char remark
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  7. 2026-04-09
    price $479,990
  8. 2026-04-01
    price $480,990 206-char remark
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  9. 2026-04-01
    price $480,990
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  10. 2026-03-05
    price $479,990 206-char remark
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  11. 2026-03-05
    price $479,990
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  12. 2026-02-12
    price $489,990 206-char remark
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  13. 2026-02-11
    price $489,990
  14. 2026-02-06
    price $493,990 206-char remark
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  15. 2026-02-05
    price $493,990
  16. 2026-01-26
    price $491,990
  17. 2026-01-25
    price $491,990 206-char remark
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  18. 2026-01-16
    price $489,990 206-char remark
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  19. 2026-01-15
    price $489,990
  20. 2026-01-12
    price $499,990
  21. 2026-01-11
    status Active 206-char remark
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  22. 2026-01-11
    price $499,990 206-char remark
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  23. 2026-01-02
    listed $537,190 Active
  24. 2025-10-24
    historical 206-char remark
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  25. 2025-10-22
    listed $558,490 Active 206-char remark
    Show marketing remark (206 chars)

    Each of the five bedrooms in this thoughtfully designed floorplan includes a spacious walk-in closet. White cabinets and backsplash, with wood look flooring and primary bath wall tile in the Divine package.

  26. 2024-06-11
    soldstatus $9,487,499
  27. 2024-06-11
    soldstatus $12,589,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 9/10 Extreme 6 d/yr ≥113°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$34,909
− Mortgage interest
−$26,327
− Property taxes
−$7,050
− Insurance
−$2,350
− Repairs & maintenance
−$2,793
− Management
−$2,793
− HOA
−$1,440
− Depreciation
−$13,672
Taxable loss
−$21,515
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$5,164
After-tax cash flow
$-7,674/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Agua Fria Union High School District (4289)
NCES district ID
0400450
Math proficiency
24% ▼ -32.00%
Reading proficiency
37% ▼ -12.00%
Median HH income
$64,107
Composite
27.92/100
National rank
#6865
State rank
#99 of 249 in AZ

Livability — Goodyear

Score
76/100
State rank
#15
US rank
#3737

Category grades

Amenities F Commute B Cost of living D Crime B+ Employment A+ Housing A+ Health & safety D+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Goodyear, AZ
County
Maricopa County · 4,537,380 people
City population
107,865
Metro
Phoenix-Mesa-Chandler, AZ
Population (ZIP)
67,451
Household income
$101,744
Rent vs Own
22.7% rent · 77.3% own
Severe rent burden
1300.0

Population outlook (Maricopa County) Hauer SSP2

Today (2025)
4,979,203 people
By 2030
5,378,229 · +8.0%
By 2040
6,156,598 · +23.6%
By 2050
6,872,376 · +38.0%
By 2075
8,401,270 · +68.7%
By 2100
9,247,439 · +85.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.61)
Race & ethnicity
White 48% Hispanic / Latino 39% Two or more races 19% Black 6% Asian 3% Native American 1%
Hispanic origin (detail)
Mexican 34%
Common ancestry
Romanian 2% Slovak 2% Lithuanian 2%
Foreign-born
10% · Canada
Languages at home
76% English-only · Spanish 21% Other Indo-European 1% Tagalog/Filipino 1%

Political lean MEDSL · Maricopa

2024 margin
Toss-up / Even · D 47.7% · R 51.2% · Other 1.1%
2008→2024 swing
+7.1pp toward D · 2008: -10.6pp · 2024: -3.5pp
All cycles
2024: R+3.5 2020: D+2.2 2016: R+3.5 2012: R+12.0 2008: R+10.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -79.22%
Current HPI
252.0828
Rent YoY
▼ -0.66%
Metro
Phoenix-Mesa-Chandler, AZ
State GDP YoY
▲ 4.54%
F500 in state
20

Industry mix (Fortune 500 HQ in AZ)

Industry F500 HQs Revenue

Price history

-95.0% since first listed
24 events — show timeline
  • 2026-04-23 Price Changed $469,990 Zillow
  • 2026-04-23 Price Changed $469,990 ARMLS
  • 2026-04-10 Price Changed $479,990 Zillow
  • 2026-04-09 Price Changed $479,990 ARMLS
  • 2026-04-01 Price Changed $480,990 Zillow
  • 2026-04-01 Price Changed $480,990 ARMLS
  • 2026-03-05 Price Changed $479,990 Zillow
  • 2026-03-05 Price Changed $479,990 ARMLS
  • 2026-02-12 Price Changed $489,990 Zillow
  • 2026-02-11 Price Changed $489,990 ARMLS
  • 2026-02-06 Price Changed $493,990 Zillow
  • 2026-02-05 Price Changed $493,990 ARMLS
  • 2026-01-26 Price Changed $491,990 ARMLS
  • 2026-01-25 Price Changed $491,990 Zillow
  • 2026-01-16 Price Changed $489,990 Zillow
  • 2026-01-15 Price Changed $489,990 ARMLS
  • 2026-01-12 Price Changed $499,990 ARMLS
  • 2026-01-11 Relisted Zillow
  • 2026-01-11 Price Changed $499,990 Zillow
  • 2026-01-02 Listed $537,190 ARMLS
  • 2025-10-24 Delisted Zillow
  • 2025-10-22 Listed $558,490 Zillow
  • 2024-06-11 Sold (Public Records) $12,589,500 Public Records
  • 2024-06-11 Sold (Public Records) $9,487,499 Public Records

Property tax history

+4.1%/yr

Latest (2025): $223 · +7.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…